News | 31 May 2022

Internal Audit Strategy: Focus area five – KPIs and added value

For Internal Audit Awareness Month we look at the final area of our three-year strategy: Key Performance Indicators (KPIs) and added value.

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Internal audit KPIs & added value - image of Ian Morton, Assistant Director for Audit Assurance. Quote reads: "To be effective as an internal audit service, we need to be able to measure those activities that stakeholders really value. "

News | 27 May 2022

Internal Audit Strategy: Focus area four – data analytics

Data underpins our clients’ processes, operations and decision making. The next area of our strategy focuses on developing data analytics.

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Data analytics in audit: image reads - Our five focus areas: Developing data analytics. Ed Martin headshot plus quote "Data analytics can help us to provide more efficient assurance to our clients, based on all the data in a system rather than just a sample."

News | 25 May 2022

Internal Audit Strategy: Focus area three – redesign and modernisation

Carrying out and completing audit work has become increasingly challenging in recent years. Focus area three is all about redesign and modernisation.

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Internal Audit Strategy - redesign and modernisation, focus area three. Phil Jeffrey, Assistant Director for Audit Assurance: "We want to move to a more agile way of working, giving better, quicker and ongoing assurance to our clients."

News | 23 May 2022

Internal Audit Strategy: Focus area two – setting a strategic planning framework

After the introduction to our strategy and spotlight on focus area one, we now explore focus area two in detail.

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internal audit strategy planning framework - "Our five focus areas: Increasing client engagement. "We sum up our area in this focus area with 'right place, right time, every time' - Connor Munro, Audit Manager". Photo of Connor

News | 17 May 2022

Internal Audit Strategy: Focus area one – increasing client engagement

For Internal Audit Awareness Month, we're sharing our new three-year strategy. The spotlight now turns to its five focus areas...

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Internal Audit Strategy client engagement: image of Stuart Cutts, Assistant Director for Audit Assurance "Engagement is wider than just time. The nature of some engagement needs to be strengthened."

News | 9 May 2022

Internal Audit Awareness Month: Shedding light on our new strategy

Internal Audit Awareness Month’s main goal is to promote the work of internal audit - this year we're shedding light on our new strategy.

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Internal Audit Awareness Month - shedding light on our strategy (image of lightbulb)

News | 10 January 2022

Veritau’s graduate trainee stories: Charlotte from internal audit

Veritau has run a successful graduate training scheme for many years. We're asking some of our current (and former) trainees...

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Veritau graduate trainee stories - Charlotte internal audit. Photo of Charlotte wearing graduation cap

News | 24 May 2021

An A-Z of internal audit

May is Internal Audit Awareness Month, and we want to raise awareness by trying to explain what internal audit is and what it does. In this A-Z, we've listed a word or phrase for every letter of the alphabet from...

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Graphic of person's hands holding paperwork and magnifying glass, with coffee and phone on desk - A-Z of internal audit Veritau

News | 19 February 2021

Auditing with data analytics and IDEA software

Our senior auditor Luke explores the increasingly popular use of auditing with data analytics, which is becoming more and more commonplace. But first we look back at the history of audit.

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Data analytics on computer screen - Auditing with data analytics and IDEA

News | 22 January 2021

An Internal Audit View: Edition 9

The latest edition of Audit Together’s newsletter – An Internal Audit View – has been published. In this bulletin, there is inevitably a distinctly Covid-19 theme reflecting some of the…

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Clipping of An Internal Audit View edition 9 - Veritau

News | 20 December 2020

Auditing Santa: “Snow Assurance”

We have recently started working for a new client outside of Yorkshire. Santa Claus has operated a successful organisation for a number of years, but we could provide...

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Image of Santa with "no assurance" stamp - auditing Santa, Veritau

News | 24 November 2020

The importance of internal controls when making payments

Assistant director for audit and assurance, Stuart Cutts, tells us why internal controls on payments are so important.

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Image of Stuart Cutts - internal controls on payments